Breaking Business news from across New Jersey.
(Reuters) -Slovak police have resurrected a bribery charge against Slovak central bank Governor and European Central Bank policymaker Peter Kazimir, his lawyer said on Thursday, while Kazimir called the allegation …
BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the country should not come to rely on extending aid measures, …
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden backed more interest rate hikes on Thursday, but said he would consider cutting rates if …
LONDON (Reuters) – British industrial orders weakened a little in November and manufacturers were gloomy about the outlook for the coming months, a survey showed on Thursday. The Confederation of …
ABU DHABI (Reuters) – Abu Dhabi is close to unveiling its overall new economic strategy, Mohamed Ali Al Shorafa, chairman of the Abu Dhabi Department of Economic Development, said on …
By Brenda Goh and Yimou Lee SHANGHAI/TAIPEI (Reuters) – Hundreds of workers joined protests at Foxconn’s flagship iPhone plant in China, with some men smashing surveillance cameras and windows, footage …
FRANKFURT (Reuters) – German car supplier Ruester GmbH said it has filed for restructuring in self-administration, a special form of insolvency proceedings that give the owners bigger say, citing liquidity …
By Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) – India’s inflation is likely to ease in the coming months, partly due to fall in commodity prices, India’s finance ministry …
FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles with rising interest rates and sky-high energy prices, but a …
By Rachel More BERLIN (Reuters) -Europe’s biggest economy showed signs of brushing off its energy crisis with Russia and supply chain headwinds as German business morale rose further than expected …
BEIRUT (Reuters) – Lebanon’s economy, hit by one of the world’s most severe crises, continues to contract although the pace of that contraction has somewhat slowed, the World Bank said …
TOKYO (Reuters) – Japan’s government left the overall assessment of the nation’s economy unchanged in its monthly report for November, noting a moderate recovery but remaining cautious over risks from …
BUDAPEST (Reuters) – Hungary’s banking system is stable and has significant reserves to manage risks, the National Bank of Hungary said on Thursday, adding that banks faced weaker profitability due …
JAKARTA (Reuters) – Indonesia will accumulate excess cash in this year’s budget and use it to help reduce borrowing in 2023, when it expects to face market volatility and a …
(Reuters) – Debt-laden developer China Evergrande Group has told offshore creditors that it plans to present a restructuring proposal as soon as the first week of December, Bloomberg News reported …
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Growing risks of a global economic slowdown will likely prevent the Bank of Japan (BOJ) from phasing out its stimulus programme, …
By Chen Lin SINGAPORE (Reuters) – Singapore will extend work injury insurance and pension coverage to food delivery and ride-hailing workers under proposed legislative changes that it aims to implement …
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank on Thursday slowed the pace of rate hikes, sharply cut its 2023 growth forecast and tweaked the …
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) -After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich car brand at a plant near Moscow given up by …
MADRID (Reuters) – Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000 employees in Spain to help them cope with soaring inflation. …
MANILA (Reuters) – A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr on Thursday approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs. Marcos …
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Having spent much of her career railing against bureaucrats and financial elites, Italy’s new right-wing Prime Minister Giorgia Meloni now has …
By Sarah McFarlane and Clara Denina LONDON (Reuters) – It’s the best of times, it’s the worst of times. At least when it comes to mining coal. After years of …
MILAN (Reuters) -A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy’s Atlantia has reached the 90% threshold for the deal to proceed and trigger …
By Makiko Yamazaki TOKYO (Reuters) – Japan’s Mitsubishi UFJ Financial Group Inc said on Thursday it would buy the Philippines and Indonesian units of Dutch consumer finance company Home Credit …